Question: Complete the problems below for this assignment. 1) Using Problem 1 from Activity 1, if the corporation had $230,000 in deductions and $1,000 in credits,

Complete the problems below for this assignment.

1) Using Problem 1 from Activity 1, if the corporation had $230,000 in deductions and $1,000 in credits, what would be the new tax amount?

2) Using Problem 2 from Activity 1, if the individual had $6,000 in credits, how much would be owed in taxes?

3) Using Problem 3 from Activity 1, if the couple had $9,000 in deductions and $10,000 in credits, how much would be owed in taxes?

4) Using Problem 4 from Activity 1, if the individual had $500 in credits, how much would be owed in taxes?

5) Using Problem 5 from Activity 1, if the corporation had $1,000,000 in deductions and $20,000 in credits, how much would be owed in taxes?

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